Water Transportation News

Vantris Energy, formerly known as Sapura Energy, has divested its 40% equity stake in L&T-Sapura Shipping to joint-venture partner Larsen & Toubro for total consideration of about $30.5 million, as part of a broader portfolio optimization strategy.The transaction includes equity consideration as well as the full repayment of an outstanding shareholder loan and accrued interest owed to Vantris Energy. The divestment was executed through the group’s indirect wholly owned subsidiary Sapura Nautical Power…

The U.S. inland waterway system is a critical and underutilized component of the domestic supply chain that serves non-contiguous markets originating in or destined for Alaska, Hawaii, and U.S. territories and possessions. For transportation service providers and shippers that operate in the domestic trade of the U.S., ocean carriers, barge operators, and inland waterway providers can offer cost-effective scalable alternatives to the traditional surface and air modes that connect these regions to the U.S. mainland.

The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in November 2024 according to the Bureau of Labor Statistics (BLS).These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in Transportation dashboard. In November 2024, the transportation sector unemployment rate rose 0.3 percentage points from 4.5% in November 2023 and was above the pre-pandemic November 2019 level of 3.3%. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020.Unemployment in the transportation sector was higher than overall unemployment. BLS reports that the U.S.

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded $4.85 million in grants to five marine highway projects across the nation via the United States Marine Highway Program (USMHP). The funding will enhance the movement of goods along our navigable waterways while expanding existing waterborne freight services in Louisiana, Puerto Rico, Washington, and West Virginia.The USMHP aims to expand the use of the nation’s navigable waterways to relieve landside congestion, support new and more efficient transportation options, and enhance performance of the surface transportation system. The program works with public…

Michael A. Thomas outlines plan to Deliver Louisiana’s Future in competitive global trade market and complex geopolitical landscape. During the 36th annual event in partnership with the International Freight Forwarders and Customs Brokers Association of New Orleans (IFFCBANO), Michael A. Thomas, Chairman of the Board of Commissioners for the Port of New Orleans (Port NOLA) and of the New Orleans Public Belt Railroad Commission, gave the 2024 State of the Port Address, “Delivering Louisiana’s Future -Together,” to nearly 250 community, business and elected leaders.

“Each Career Connect Washington program is codeveloped with businesses and educators, so each program we build or expand meets the needs of industry and students.” -Andrew Clemons, Grant Administrator, State of Washington.In March, the U.S. Joint Office of Energy and Transportation announced a new workforce development webpage – for electric vehicle job opportunities.A centralized focus, especially from the top, is a big help for an industrial sector looking for tens of thousands of smart and talented people.

When Atlantic offshore wind (OSW) projects move into high gear they will kick-start a series of impacts affecting almost the entire East Coast economy, from logistics to transportation to utility projects and, of course, just about every aspect of port and maritime activities.The related topics of workforce development and employment are among the fundamental issues being pushed and pulled by OSW. How workforce development and education and training proceed – and succeed – will be critical for the U.S.

The U.S. Coast Guard on Tuesday marked the end of the four-year Subchapter M certificate of inspection (COI) phase-in period for U.S.-registered towing vessels. Subchapter M, the United States regulatory code dealing with towing vessels and requirements for towing vessel safety, has officially been in place since July 2016, when the U.S. Coast Guard finalized the long-awaited Sub M rulemaking. The first COIs were issued in 2018, and all of the more than 5,000 U.S. domestic towing vessels must have valid COIs on board by July 19…

A new high-speed passenger vessel entered service for the San Francisco Bay Area Water Emergency Transportation Authority (WETA) on Monday.The newbuild, Dorado, is the first in a series of four new ferries being built for WETA by Mavrik Marine in La Conner, Wash. Construction on the second vessel in the Dorado class, Delphinus, is underway. Vessel construction was funded through the Federal Transit Administration and the State of California’s Proposition 1B in collaboration with the California Office of Emergency Services.

New federal money promises dramatic impacts throughout the United States’ inland waterways system in 2022 and beyond. This report focuses on America’s central rivers; the Western rivers will be covered in a future report. These central rivers reach 11,000 miles, from Pennsylvania to Florida and from Texas to South Dakota.Consider the money within the U.S. Army Corps of Engineers “Civil Works Program Infrastructure Investment and Jobs Act (IIJA), 2022 Construction Spend Plan.”In Arkansas…

Future Proof Shipping (FPS) joined FLAGSHIPS, a European innovation project, to bring the shipping company’s second zero-emissions inland container vessel, the FPS Waal, to Europe’s waterways.FPS will strengthen the FLAGSHIPS consortium and expand its green hydrogen-fueled fleet with the addition of the FPS Waal to the project. The FLAGSHIPS consortium aims to raise the readiness of zero-emission waterborne transport to an entirely new level by deploying two commercially operated zero-emission hydrogen vessels in the coming years.Over the coming months…

The Biden administration recently issued a sweeping Executive Order [1] aimed at protecting and enhancing competition, and the transportation sector—including air, ocean, and rail—is among the industries specifically identified and likely to see heightened antitrust scrutiny under the new directives. This executive action was soon followed by the long-awaited announcement of Biden’s pick to lead the U.S. Department of Justice’s Antitrust Division (Division), Jonathan Kanter, who…

KOTUG International B.V. (KOTUG) established an inland shipping division to provide electric powered pusher tugs and smart AI-driven dispatch and route planning applications for the inland water transportation industry, aiming to support the worldwide energy transition and the modal shift from road transport to waterways while meeting the growing demand for electric-powered vessels. "The inland shipping market offers a great opportunity for sustainable logistical solutions," says Ard-Jan Kooren, CEO of KOTUG International B.V.

Electric propulsion and hybrid drives manufacturer Torqeedo said it ha established direct distribution in Norway to address the growing market for its systems in the region.Norway has a long tradition of seafaring and is a world maritime center for shipping, shipyards and maritime infrastructure, commercial fishing, offshore oil/gas, ferries, pleasure boats and a rapidly growing offshore wind industry.“Norway is a world leader in the movement toward electrification of land and water transportation…

Brazil’s waterways have enormous potential for commercial transport, but are still underused and inefficient in the country’s 12 river basins, according to Brazil’s National Transport Confederation (CNT). Of the 63,000 kilometers (km) that could potentially be used for inland navigation, only 19,500 km (30.9%) of the existing network is currently used commercially for cargo and passenger transport, leaving more than two-thirds unused.However, despite wasted opportunities, Brazilian rivers have registered an increase in transported volume in recent years…

A passenger port in Zhuhai, China has created a new solution using aquatic robots for long distance line deployment.Earlier this month, Zhuhai Jiuzhou Port carried out a series of typhoon-proof reinforcement work for their floating barges. The staff used a small self-powered jet pump device called Dolphin 1 to transport a traction rope, which was attached with the mooring line, to the opposite shore 230 meters away.After the traction rope was transported to the opposite shore…

An event officially signalling the start of construction on Qingdao International Cruise Terminal in China was held alongside a global promotion launched to attract investment. At the event, the People's Government of Qingdao signed a cooperation agreement with Shandong Port Group for a RMB10 billion project, and inked contracts with a number of partners for 14 industrial projects with a total investment of RMB31.35 billion.The government of Qingdao's Shibei District is pushing…

BMT has announced the signing of a contract for two new 43 meter (104’ x 37’’ x 12.5’) high-speed, passenger Fast Ferries for Kitsap Transit, with an option for a third to be added to this vessel fleet. The custom design project will once again see the UK’s leading engineering design consultancy partner with US shipyard Nichols Brothers Boat Builders (NBBB) and will join the Kitsap Fast Ferry service in Seattle once completed. The bow and side loading vessels will accommodate a maximum of 255 passengers on board with protected storage capacity for 26 bicycles.

BMT announced the signing of a contract for two new 43 metre (104’ x 37’’ x 12.5’) high-speed, passenger Fast Ferries for Kitsap Transit, with an option for a third to be added to this vessel fleet. The custom design project will once again see the UK engineering design consultancy partner with US shipyard Nichols Brothers Boat Builders (NBBB) and will join the Kitsap Fast Ferry service in Seattle once completed. John Bonafoux, Business Development Director for Commercial Shipping…

Indian Ministry of shipping has signed a memorandum of agreement (MoA) with IIT Kharagpur on Wednesday for setting up a Centre for Inland and Coastal Maritime Technology (CICMT).CICMT will provide technological, vessel design and applied research support for inland waterways and coastal shipping, said a government release.Speaking on the occasion, Mansukh Mandaviya, Minister of State for Shipping said, “Indigenous technology is the need of the hour for the maritime sector, and we are determined to promote Make- In- India as per the vision of Prime Minister Shri Narendra Modi.”Detailing about the state-of-the-art centre which is being set up the under the flagship Sagarmala Program…

Dennis Wilmsmeyer was appointed Executive Director at America’s Central Port on July 1, 2010, prior to which he served 11 years with the Port District, six as General Manager.With over 30 years of experience, Dennis brings a wealth of knowledge and expertise to the table in the areas of transportation, planning, and economic development. His responsibilities include developing the Port’s 1,200-acre industrial park and business campus, redeveloping a former military logistics center…

The Inland Waterways View.At the start of any new year, we are often asked what our challenges will be or what we are going to do differently in the year ahead. However, in 2019, just like each year since Waterways Council, Inc. (WCI) was founded in 2003, we intend to stay the course to advocate for full and efficient funding for the U.S. Army Corps of Engineers to continue its Civil Works mission to construct and maintain navigation projects on the inland waterways.The Corps’…

Boston Harbor Cruises’ new subsidiary is building for Massachusetts in the Commonwealth.Blue Atlantic Fabricators of East Boston, MA announces the fabrication and launch of a 50 ton, 20ft x 80ft floating dock to be located at Lovejoy Wharf in Boston. This all-steel dock, will be the facility for privately-run ferry and water taxi service between Lovejoy Wharf and Boston’s Seaport District, offering both bow-loading and side loading capabilities.Blue Atlantic Fabricators built the floating dock for C. White Marine, Inc. who, as general marine contractor for developer Related Beal, will finish and install the docking system at the multiuse Lovejoy Wharf property.